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Carter Worth And Mike Khouw's Potash Corporation Of Saskatchewan (USA) Trade

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Carter Worth And Mike Khouw's Potash Corporation Of Saskatchewan USA Trade

Carter Worth spoke on CNBC's "Options Action" about food commodities, and he said that the segment is underperforming raw industrial materials. He thinks food commodities are eventually going to catch up, and he suggested traders consider getting a long exposure.

Mike Khouw believes it would be a good idea to sell the January 18 puts in Potash Corporation of Saskatchewan (USA) (NYSE: POT) for $0.75. The trade breaks even at $17.25 or 4.54 percent lower, and Khouw is going to collect the whole premium if Potash Corporation trades above $18 at the January expiration.

Posted-In: Carter Worth CNBCLong Ideas Commodities Options Markets Media Trading Ideas

 

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